Funding you earn now, next payment 07:00 UTC−0.0206%/8h= −22.6% APRpaid last 24h −0.026%
Price spread now: SoDEX against Binance−0.009%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.261% of the position
Funding, last 3 days (all we have)−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+0.490%+$49 · spread now −0.009%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.064% in total (about -6.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARBUSDT | 0.2210 | 0.0087 | pay 0.0087% / 8h | 1h 35m | $63.1M | $301.9M | 75x |
| Short | SoDEX ARB-USD | 0.2210 | −0.0119 | pay 0.0015% / 1h | 35m 49s | $9K | $2.2M | 5x |
Binance ARBUSDT
SoDEX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$43.31
- Price spread: −0.009% → −0.006%
- −$0.3
- Slippage, 4 orders
- −$8.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$69.7
- Costs to cover
- 0.261%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; SoDEX: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 8 min ago | 0.23 bp | 6.7 bp −$7 | 18.5 bp −$185 | 54.8 bp −$5,483 | doesn't fit |
| Sell SoDEX live order book, 3 min ago | 0.23 bp | 5.5 bp −$5 | 17.7 bp −$177 | doesn't fit | doesn't fit |
ARB on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1592% | 1h | 0.2202 | −0.357% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0226% | 1h | 0.2208 | −0.086% | $67K | $2.1M | 10x | as long as short |
| SoDEX ARB-USDshort | −0.0119% | 1h | 0.2210 | −0.009% | $9K | $2.2M | 5x | |
| 01 Exchange ARBUSD | −0.0088% | 1h | 0.2210 | −0.005% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0082% | 8h | 0.2210 | −0.009% | $22.2M | $146.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0082% | 8h | 0.2210 | 0.000% | $42.2M | $61.7M | 200x | as long as short |
| Variational Omni ARB | −0.0062% | 8h | 0.2209 | −0.029% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2209 | −0.041% | $13K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0020% | 8h | 0.2210 | +0.005% | $54.3M | $126.5M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2211 | +0.045% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Bybit ARBUSDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2211 | +0.045% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2211 | +0.057% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0046% | 8h | 0.2210 | +0.009% | $5.4M | $18.3M | 60x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2210 | +0.013% | $461K | $2.6M | 10x | as long as short |
| Bitget ARBUSDT | +0.0058% | 8h | 0.2210 | +0.005% | $21.2M | $34.8M | 50x | as long as short |
| Binance ARBUSDTlong | +0.0087% | 8h | 0.2210 | long leg | $63.1M | $301.9M | 75x | |
| Extended ARB-USD | +0.0088% | 1h | 0.2210 | −0.013% | $354K | $2.8M | 25x | as long as short |
| BingX ARB-USDC | +0.0094% | 8h | 0.2210 | 0.000% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2210 | +0.009% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2213 | +0.122% | $37.4M | $49.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2213 | +0.123% | $635K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2212 | +0.077% | $43K | $149K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2211 | +0.032% | $19.6M | $14.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2212 | +0.076% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2215 | +0.231% | $481K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2214 | +0.186% | $119K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2211 | +0.050% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2211 | +0.050% | $295K | $872K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2210 | +0.005% | $5.0M | $12.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2211 | +0.044% | $140K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0209% | 8h | 0.2212 | +0.072% | $3.0M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0230% | 1h | 0.2211 | +0.046% | $1.1M | $4.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2210 | +0.026% | $834K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2221 | +0.493% | $520K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2208 | −0.086% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0635% | 1h | 0.2213 | +0.163% | $992K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
RISEx ARB/USDC
Bitget ARBUSDT
Extended ARB-USD
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP